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Samsung Plans Long-Term Investment to Diversify Chip Strategy

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Samsung plans to invest about $116 billion by 2030 to diversify its semiconductor production beyond memory chips

SEOUL—Samsung Electronics Co. said it would invest about $116 billion by 2030 to further diversify its semiconductor production beyond memory chips, as the company seeks new growth drivers.

The spending, which entails both research-and-development and capital expenditure, will be directed toward boosting Samsung’s foundry and logic-chip operations, two areas the South Korean firm has previously pledged to cultivate. The more advanced chips give the brains to smartphones, computers and self-driving cars that increasingly need...

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So it's gonna make neural processors? ( -__-) after memory comes the neural.

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